VERTE
X
COMING SOON!
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The VERTEX of Marine Drive
OVERVIEW
A masterclass project on the VERTEX of one of North Vancouver’s busiest intersections, Marine Drive and Fell Ave, This is a rare opportunity to own your prime commercial space. VERTEX offers over 20,000 SF of retail and office.
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Vertex is a four storey commercial residential mix building with the first two floors designated as commercial areas including 6 retail units and 9 office units. The two upper floors are residential spaces including 19 residential units.
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~8,400 SF of retail space with sizes ranging from 880 - 2,200 SF
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~12,500 SF of office space with sizes ranging from 930- 2,350 SF
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Larger units sizes achievable by purchasing multiple adjacent units
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27 parking stalls allocated for retail & office units.
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20 secured bicycle spaces & 13 short–term bicycle spaces for retail units and office units
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End Destination Facility including 2 showers, 2 washrooms, and 20 lockers in the parkade allocated for the use of retail units and office units.
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Transit Subsidy Agreement 25% of the cost of one adult monthly pass will be allocated to 600 SF of office space/920 SF of retail space for 10 years.
LOCATION
VERTEX is ideally located at the northwest corner of Marine Drive and Fell Avenue, in North Vancouver, providing optimal access and exposure. Marine Drive is an east-west commercial thoroughfare that extends along the North Shore and enjoys high traffic volumes throughout the day. Fell Ave, is a north south artery, which provides access to HWY1 (Upper Levels) and Harbourside and the automall. Retailers in the area include Walmart, Save-on-Foods, Shoppers Drug Mart, RBC, CIBC, Coast Capital, Bed Bath & Beyond, Thrifty Foods, and Golf Town. Capilano Mall, North Vancouver’s largest shopping center, is also located directly within a block of the property.
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3 mins to HWY 1
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2 min from central Lonsdale & Lonsdale Quay
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5 mins to Lions-gate Bridge
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Situated on Translink’s B-Line - a high capacity express bus service
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Within 5 min drive are 238 restaurants, 129 health care, 118 playground spaces
North Van’s Most Convenient and Connected Neighbourhood
1. Capilano Mall
2. Cactus Club
3. Walmart
4. McDonald’s
5. Bed Bath & Beyond
6. Shoppers Drug Mart
7. Lifelabs
8. Salvation Army
9. Northshore Auto Mall
Premium Commercial
Strata Units for Pre-Sale
WHY LEASE
WHEN YOU CAN BUY?
Build Equity
See your equity grow as our principal portion of your mortgage . Commercial real estate has seen great growth in recent years. Purchasing can help you build wealth separate from your operating company.
Create Long
Term Value
Use capital investments to create long term value.
A well-financed property purchase can free up working capital by reducing your monthly outlay for rent. The difference can be used to build your business.
Control the
Future
Be in control of your future, you can sell the property or lease it out if you decide not to continue your business.
Avoid Landlord
Hassles
If running every aspect of your business without potential limits, restrictions and rent increases is important to you, then you might want to buy a commercial space.
PRE-SALE REGISTRATION
The information contained herein is not an offering for sale of any unit in the proposed development. Such an offering can only be made after complying with the requirements of the Real Estate Development Marketing Act (British Columbia), including, if required, filing a disclosure statement. A party’s decision to purchase a unit will be entirely at its discretion exercised after such party has had an opportunity to review the disclosure statement for the proposed development, if required. This document/information has been prepared in advance of City or Municipal approvals and is for discussion purposes only. The developer reserves the right to make changes and modifications to the information contained herein without prior notice. Development renderings shown are for general illustration purposes and should not be relied upon to accurately represent the building when completed. This document has been prepared by Royal LePage Commercial(Royal LePage Sussex) for advertising and general information only. Royal LePage Commercial(Royal LePage Sussex) makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Royal LePage Commercial(Royal LePage Sussex) excludes unequivocally all inferred or implied terms, conditions and warranties arising
Royal LePage Commercial was incorporated, separately from its residential division in 1984 and has been a major force in the development and growth of the Canadian commercial real estate industry quickly becoming the premiere, full-service brokerage across Canada. With more than 440 agents in over 70 locations across Canada, its strength is based on the number of commercial real estate professionals already established within our large urban centres, cities and towns; equipped with the local market knowledge expertise to serve businesses and investors. Royal LePage Commercial is currently Canada’s largest and fastest growing national brokerage
Cascadia Green Development is a North Vancouver-based development, development consulting and management, and construction company. From humble beginnings of single family home builds, Cascadia Green Development transformed into a leading local land development, construction, development management, and development planning consulting firm, with a focus on multi-family residential and mixed-use developments. Cascadia Green Development’s core team is a highly-skilled mix of professionals with backgrounds in business administration, architecture, engineering, green building, and sustainable community planning.
THE TEAM
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Raman Bayanzadeh Personal Real Estate Corporation
Pouria Nikravan Personal Real Estate Corporation